Coal news now

Here are the latest coal news updates:

Global Coal Market

• The global coal market is expected to decline by 2.5% in 2023 due to increasing competition from renewable energy sources and declining demand from power generation, according to a report by the International Energy Agency (IEA).
• The global coal trade is expected to reach 1.2 billion tonnes in 2023, down from 1.3 billion tonnes in 2022, according to the IEA.

US Coal Industry

• The US coal industry is expected to continue its decline in 2023, with production forecast to fall by 10% to 580 million tonnes, according to the Energy Information Administration (EIA).
• The US coal industry has lost over 100,000 jobs since 2011, with many coal miners transitioning to other industries, according to a report by the National Mining Association.

Coal-Fired Power Plants

• The US Environmental Protection Agency (EPA) has proposed new rules to reduce emissions from coal-fired power plants, which could lead to the closure of up to 20% of the country's coal-fired power plants, according to a report by the Sierra Club.
• The UK government has announced plans to phase out coal-fired power generation by 2025, with a target of reducing carbon emissions by 80% by 2050.

Coal Mining

• The world's largest coal miner, China Shenhua Energy, has reported a 10% increase in coal production in 2022, driven by growing demand from the country's power sector.
• The Australian coal industry is expected to face challenges in 2023 due to declining demand and increasing competition from renewable energy sources, according to a report by the Australian Institute of Mining and Metallurgy.

Coal and Climate Change

• The coal industry is facing increasing pressure to reduce its carbon footprint, with many countries setting targets to phase out coal-fired power generation in the coming decades.
• The Intergovernmental Panel on Climate Change (IPCC) has warned that the world must reduce its carbon emissions by 45% by 2030 to limit global warming to 1.5°C above pre-industrial levels.

These are just a few of the latest coal news updates. If you're looking for more information, I'd be happy to help!